Search Results for: non-banking Financial companies

Covid-19 status in Africa

Many African countries have zero ventilators & that's not the biggest problem

While many countries across the globe to include the West and the North are delving on measures to flatten the curve and economic relief packages, countries across the African continent with close to zero healthcare infrastructure are confused and overwhelmed in the face of the Covid-19 outbreak. May 14, 2020
Chinese President Xi Jinping

China boosts shale power capacity amid plummeting demand for oil, gas globally

The coronavirus outbreak has disrupted economic activities across the globe. The oil and gas demand has plummeted in the recent weeks and storage facilities are filled to the brim. While economies are struggling to find means and measures to tide over the crisis, the Fuling shale gas field in southwest China's Chongqing Municipality sees a breakthrough in shale gas output producing 30 billion cubic meters of shale gas. Will this impact Chinese imports of alternative fuels? Where will the excess produce be stored, used, or routed? May 12, 2020
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